#NEWS As crypto winter freezes profits, these exchanges are | Learn_With_Fullo on Binance Square

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#NEWSAs crypto winter freezes profits, these exchanges are now left in the cold.
✓Australian crypto exchange Swyftx cuts down workforce by 40% due to the ongoing crypto winter
✓ByBit decides to lay off employees for the second time considering the market scenario

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🤔 Peter Schiff accused Trump of aiding the largest cryptocurrency fraud scheme in history and called on Congress to launch an investigation. Schiff accused Trump of deliberately pumping the crypto market on Sunday with two posts about creating a crypto reserve, ahead of negative news about tariff implementation. #USTariffs

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Trump will hold the first-ever cryptocurrency summit at the White House next Friday. It will take place on March 7, 2025, and the event will be led by the White House’s "crypto czar," David Sacks, and coordinated by the executive director of the presidential working group on digital assets, Bo Hines. The summit is expected to bring together top founders, CEOs, and investors from the crypto industry, as well as members of the presidential working group on digital assets. Previously, President Trump expressed his desire to make the U.S. the "crypto capital of the world." #BTCRebundsBack

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⚡️ CZ does not rule out that the current decline in Bitcoin is just a correction before a major rise. #BTCRebundsBack

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Are whales buying Bitcoin during the dip? Do they know something? While the market remains volatile, large holders are actively buying Bitcoin and withdrawing it from exchanges. In the last 24 hours, they have taken out 26,430 BTC, preferring to store their assets off-exchange. At the same time, Bitcoin has lost around 20% over the quarter, marking the biggest drop since August 2024. Short-term holders are selling at a loss, having dumped 27,500 BTC in just one day. #BTCRebundsBack

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How a Binance Listing Could Impact Pi Coin 💰 Increased Demand & Trading Activity: Binance is the largest crypto exchange, and if Pi Coin gets listed, it would become more accessible to a larger pool of traders. This could lead to increased liquidity and reduced extreme price fluctuations. 🚀 Potential Price Surge Due to Hype: New listings on Binance often trigger excitement, causing a surge in demand. If Pi Coin gets listed, its price might experience an initial spike as investors rush to buy in early. 🤔 Possible Sell-Off Risk: Many early Pi miners have been unable to sell their holdings. A Binance listing could give them an opportunity to cash out, potentially leading to a temporary price drop due to increased selling pressure. 🌍 Greater Adoption & Market Expansion: A Binance listing could encourage other exchanges to list Pi Coin as well. If the Pi Network successfully delivers on its promises—such as real-world utility and decentralization—it could enhance its long-term value. Final Outlook: Short-Term: Expect a sharp price increase followed by volatility. Long-Term: Sustained value will depend on adoption, real-world use cases, and market demand. ⚠️ Disclaimer: This is not financial advice—just an analysis. Always do your own research before making investment decisions. #SHELLAirdropOnBinance

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